2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of border checkpoint crossings, caretaker Minister of Tourism Evtim Miloshev said. Yet resorts still face major problems, he said in an interview with public service TV BNT. In the most popular seaside resort Sunny Beach there are issues connected with ownership and organization. “We talk about the season, but the rest of the time the hotel stands empty,” hotel operators say, Minister Miloshev commented. Because the international situation is so complicated the profile of the tourists has changed. “We no longer have Russian, Ukrainian, and to a great extent Israeli tourists. The prices have changed because of the inflation. The season must be extended towards spring and autumn. With the climate changes, autumn is growing more attractive for tourism, Evtim Miloshev said.
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the..
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a..
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